South-East Asia is expected to be a hotspot for growth for global investment banks while more consolidation is expected to reduce the number of major players to around 10 or less within the next three to five years, from the current 14.
In terms of Islamic finance, he said that the country would continue to lead in developing and promoting Islamic banking systems. However, Malaysia will continue to face competition from the Middle East. While there is competition, there will also be an automatic connection with Middle Eastern countries, according to Roland Berger Strategy Consultants senior partner Markus Boehme...............................................Full Article: Source